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Unearned Interest

Hey guys I am in desperate need for some advise!

My father passed away in January last year and I inherited some money. When I made my application for 2012-2013, I never declared any unearned income (as at the time I hadn't actually received any money).

Being so stressed out, I had literally forgotten about my undeclared interest until now.

Obviously, for next years application I will need to send evidence off detailing the interest I am receiving from these accounts. However, I am worried that I am going to face many problems/get into a lot of trouble over the fact that I never declared this income before.

If anyone could shed any light on this problem/has any advise I would greatly appreciate it!
(edited 11 years ago)
Hi Liam,

Firstly don't worry, you aren't going to get into trouble for this and it's perfectly understandable why this info wasn't on your application.

Moving forward with the new year's application just make sure that you include the interest information there.

Hope this eases your mind!
Mark-Lee :smile:

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